313 Monroe St Monroe, MI 48161
This exceptional commercial property, located at 313 S Monroe, presents a unique leasing opportunity. The building, originally constructed in 1939 and thoughtfully renovated in 2010, offers a blend of historical charm and modern functionality. Currently, one suite encompassing 1,176 square feet is available for lease. The property is classified as both office and land, making it suitable for a variety of commercial uses. The building consists of a single suite, providing a private and efficient workspace. While the total building square footage isn't specified, the available suite offers ample space for a business seeking a prominent downtown location. The 2010 renovation ensures modern amenities and systems are in place, enhancing the overall functionality and appeal of the space. This is an ideal opportunity for a business seeking a well-maintained, historically significant office space in a desirable location. The property's classification as both office and land suggests potential for future expansion or development, depending on the tenant's needs and local zoning regulations. Interested parties are encouraged to inquire for further details and to schedule a viewing. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the heart of the city. The single-suite configuration provides a sense of privacy and exclusivity, while the historical context adds character and distinction.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.